Recent content by Michael Collins

One thing I realized is that the world of online trading platforms is full of shady stuff and scams, right now I am using Plus500's demo mode with fake money, and have been swing/day trading the last few days and closed all my open positions at profit (some forex and some CFDs). What's your...

Thank you, you have been most helpful.

Ok, I've searched the forums andthe net, including the HMRC site, but can't seem to find an answer. Isuppose that every transaction has to be declared to be taxed, so how does a day trader do it? For now I am paper trading and open and close about 10 positions each day, that would mean that...

Hi all. Ijust joined the forumsas I am on my way to get into the world of trading. I'm studing quite a lot (articles for now, looking to buy some good books) and doing papertrading. I am not looking to go live anytime soon, mostly because I realized what a mess the world of online brokers and...